SGX Nifty

In the morning stock market news we often listen about “SGX NIFTY”. If it rises before market opening, Indian stock market rises and vice versa. SGX Nifty is nothing but Indian Nifty Traded in Singapore Stock Exchange. It will be moving with respect to Indian Nifty. SGX Nifty is opened at 8.00 am on all working days and mostly it will be initial direction to the Indian Market. SGX NIFTY stands for Singapore Exchange Nifty. The Indian Stock market i.e. Sensex and Nifty 50 is indirectly related to the SGX Nifty along with the other Indices around the world. Another point is that both India as well as Singapore is in same Asian  continent which co-relates the whole thing. In this globalize world, where countries can trade with other countries around the globe, it is very much important to look upon other markets of the world as the first effect of economic performance comes on the stock market. Now we are globally connected so if some steep rise/fall happens in any of the Indices around the world it affects other exchanges.

You can save this link at your PC to see SGX nifty live update…..

http://www.quote.com/global/futures/chart.action?chartUi.bartype=CANDLE&chartUi.studies=BOLL(20,2);EMA(4,9,18);MACD(12,26,9);PARAB(20,20,200);RSI(14);&chartUi.minutes=5&chartUi.bardensity=LOW&chartUi.size=650x450&chartUi.period=V&s=IN+1!-SGX